625 W Broadway St, Needles, CA 92363

Property Description

Well maintained apartment building. Ideal for a owner -investor. This 25 unit complex represents an excellent opportunity for an investor to acquire a unique, stable property with substantial upside in rents and laundry income. The building was recently rehabbed. The rehab consisted of gutting the building and replacing everything from the carpet and paint, to the electrical equipment and plumbing. The building currently has copper plumbing and copper wiring, and new toilets have been installed. In addition, the parking lot has been resurfaced and there are new concrete decks, new signage, and new TV cable hookups. Each apartment is a fully furnished efficiency unit that includes linens and a microwave oven. The current owner has taken great pride in providing a clean, well-maintained property. Needles is rich with history. The Mojave Indians lived in the valley long before settlers arrived, and descendents of the Mojave Indians still reside in the area. Needles is also famous for resting along the original Route 66. Many of the original buildings and businesses still exist in the "old downtown" area of the City. Travelers will immediately get sense of the historical feel to Needles when visiting the area. Interior